BitcoinStu on Nostr: This is the case with almost everyone who does this. But trading is an advanced skill ...
This is the case with almost everyone who does this. But trading is an advanced skill so why people imagine they will be instantly good at it is what kind of boggles the mind.
If you stepped into a boxing ring with a professional boxer, how would you do? If someone handed you a musical instrument you had never played, how would you do? If someone asked you to approximate the solutions to ordinary differential equations, how would you do? Trading is no different, it takes years of study and practice to gain the competency with to not get completely destroyed.
It can be done, but you have to expect to spend years learning, while being able to restrict yourself to a tiny % of your wealth until you have the skill to deploy more capital.
To imagine you can just open an account and be successful at it, that ain't how it works.
If you stepped into a boxing ring with a professional boxer, how would you do? If someone handed you a musical instrument you had never played, how would you do? If someone asked you to approximate the solutions to ordinary differential equations, how would you do? Trading is no different, it takes years of study and practice to gain the competency with to not get completely destroyed.
It can be done, but you have to expect to spend years learning, while being able to restrict yourself to a tiny % of your wealth until you have the skill to deploy more capital.
To imagine you can just open an account and be successful at it, that ain't how it works.